FilingReader Intelligence

Kissei Pharmaceutical swings to loss despite 12bn yen asset sale

July 29, 2025 at 12:09 PM UTCBy FilingReader AI

Kissei Pharmaceutical revised its fiscal 2026 operating profit forecast to a 4bn yen loss, down from previous guidance, due to a 10bn yen increase in R&D expenses from a new technology licensing agreement.

However, the company expects to record an extraordinary gain of approximately 12bn yen from selling investment securities, allowing it to maintain its full-year profit forecast of 12.3bn yen.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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